Retirement | 14 Mar 17
Scotland could become jurisdiction for ‘new type of Qrops’
An independent Scotland could be the base for a “new type of Qrops”, a leading law firm’s pensions expert has predicted.
DeVere’s Nigel Green to review Qrops unit in group restructure
DeVere Group chief executive Nigel Green has launched a strategic review of the company’s business which will factor in the surprise Spring Budget announcement of a 25% overseas pension transfer charge on Qrops plans in some markets and particular circumstances.
Tax & Regulation | 13 Mar 17
IHT receipts predicted to leap by £1.8bn in five years
Rising house and equities prices will push up receipts from UK inheritance tax by £1.8bn ($2.2bn, €2.1bn) over the next five years, according to the Office of Budget Responsibility.
Best Practice | 13 Mar 17
IoM regulator open to dialogue on commission disclosure rules
The Isle of Man’s financial regulator has underlined the importance of fine-tuning the scope and timing of its commission disclosure rules for international life companies, amid industry concerns about an unlevel playing field with local companies in markets such as the UAE.
Former Pru and AIA man Tucker lands top HSBC job
Former Prudential group chief executive Mark Tucker is to succeed Douglas Flint as the next chairman of HSBC after a long-running search to fill the role.